Nuclear OEM maker expands in Ontario
- September 17, 2015
Laker Energy Products, Burlington, ON, has expanded its nuclear products manufacturing business with a new 6,039 sq m (65,000 sq ft) production plant in Oakville, ON.
The company held an open house recently to showcase its second manufacturing operation.
"By investing several million dollars in our business through new innovative equipment, tooling and the space required to increase our production, we are confident in being the leader in components for the CANDU nuclear power industry," said Chris Hughes, president, Laker Energy Products.
The company, which has its head office and main manufacturing plant in Burlington, services the CANDU nuclear power sector, which has 19 operational reactors in Canada and more across the world. To handle orders for various ongoing plant life extension projects in Ontario over the next 15 years, as well as upcoming new-build projects in Argentina, Romania, China and the UK, Laker will use its new plant specifically to manufacture fuel channel end-fittings and liners, while tripling its machining capability and hiring an additional 40 staff.
Founded in 1995, Laker Energy Products supplies nuclear grade pipe, tubing, fittings, fasteners and other pressure retaining components to the CANDU nuclear power industry. With both domestic and international customers, the company is an integrated, high precision machining, assembly and testing company.